Thomson Reuters

Thomson Reuters is provides professionals with the intelligence,technology and human expertise they need to find trusted answers.

Thomson Reuters to Present at the 2020 Barclays Americas Select Franchise Conference

Promises increased productivity, cost-efficiency, and competitiveness in the legal industry

LegalTech

Platforms that connect lawyers to clients (includes online listing, reputation, comparison, and booking systems) and those that support networking among lawyers.

Includes tools for intelligently extracting information from documents and flagging anomalies, the automated creation and simplification of legal documents, filing and serving documents online, and exchanging documents for discovery. Also includes providers of white-labeled digital legal documents and notarization tools that allow the notarization of documents online, assuring their security, authenticity, and integrity.

Tools to manage and digitize the legal practice of individual lawyers and law firms. Features include intake management, legal case/project management, team and client management, team collaboration, client communication and engagement, document storage systems, time and expense tracking, and billing and invoicing.

Includes platforms that provide legal content from various publishers; tools that support legal teams with conventional and contextual search of relevant case law and authoritative sources; and tools that search, analyze, and organize copious numbers of documents and large datasets. AI-based legal research systems replicate the work of a human legal research assistant and are referred to as AI lawyers/attorneys, digital lawyers/attorneys, or virtual lawyers/attorneys. Analytics tools include those that support lawyers with tracking trial cases, receiving email alerts for cases, and predicting trial timelines, along with those that mine big data to determine lawyers' success rates, when to settle, and when to press the advantage. It also includes tools for corporations that predict the outcomes of litigation.

Includes tools to manage large volumes of data; identify key issues for litigation, internal investigations, and compliance projects; and select relevant web content for use as evidence.

Software solutions that support regulatory compliance. Includes platforms that promote compliance among employees by providing simplified summaries of applicable legislation on-demand, and those that support compliance teams with tracking changes in legislation, sharing and tracking documents within the organization, and collecting evidence. IP/trademark management platforms include those that protect brands from online counterfeiting, digital piracy, and distribution fraud by scouring online marketplaces and social networks, along with those that offer simplified licensing solutions using digital rights technology.

Includes platforms that offer contract lifecycle management from their creation, negotiation, compliance, review, and approval, to execution, tracking, and monitoring. They can automate the processing of routine contracts with a high degree of accuracy and may include technology to organize, understand, and extract data from contracts. Also comprises tools for identity verification, electronic signatures, electronic registered delivery, and electronic time stamp.

Includes commoditized law solutions and do-it-yourself legal services for consumers (individuals, families, and business owners), as alternatives to engaging a lawyer or law firm. Examples include platforms that aid with immigration and asylum applications, consumer claims, class actions, closing funding rounds, and drafting simple contracts, wills, and divorce documents. Litigation finance platforms facilitate third-party funding for litigation. Such pre-settlement funding allows victims to pay their legal fees while awaiting a resolution.

Thomson Reuters

Featured Industries

About EDGE

Contact Us

Resources

Area of Focus

Technology Research Made Effortless